Sky-Lemmy
  • Communities
  • Create Post
  • heart
    Support Lemmy
  • search
    Search
  • Login
  • Sign Up
silence7@slrpnk.net to politics @lemmy.worldEnglish · 1 year ago

Biden Administration Cancels Another $7.7 Billion in Student Loans

www.nytimes.com

external-link
message-square
28
fedilink
374
external-link

Biden Administration Cancels Another $7.7 Billion in Student Loans

www.nytimes.com

silence7@slrpnk.net to politics @lemmy.worldEnglish · 1 year ago
message-square
28
fedilink
The announcement applied to 160,000 federal loan borrowers and brings the total debt canceled by the administration to $167 billion.
  • dumples@kbin.social
    link
    fedilink
    arrow-up
    23
    arrow-down
    2
    ·
    1 year ago

    Love to keep seeing this. Not sure when it is going to come to me and my family but I am sure its life changing for people today. Good for them and lets keep this gravy train going.

    • Sabata11792@kbin.social
      link
      fedilink
      arrow-up
      16
      arrow-down
      1
      ·
      1 year ago

      I’m not holding my breath on it, but paying $30 a month is a lot better than the $200 I was paying before.

      • silence7@slrpnk.netOP
        link
        fedilink
        arrow-up
        20
        arrow-down
        1
        ·
        1 year ago

        Yeah, the blanket forgiveness they tried to do was struck down in the Republican-controlled courts, so they’re doing it piecemeal, which makes it harder for everybody.

      • chronicledmonocle@lemmy.world
        link
        fedilink
        arrow-up
        14
        ·
        1 year ago

        I feel ya. My wife’s loans went from $750 a month to $110. Way easier to swallow.

        • Sabata11792@kbin.social
          link
          fedilink
          arrow-up
          6
          ·
          1 year ago

          I couldn’t afford anything with 200 a month. I couldn’t imagine 750. That’s a damn mortgage for a small house.

          • acetanilide@lemmy.world
            link
            fedilink
            arrow-up
            3
            ·
            1 year ago

            A friend of mine is supposed to pay $1100+ per month. I can’t imagine it.

            I pay $0 with SAVE

          • chronicledmonocle@lemmy.world
            link
            fedilink
            arrow-up
            2
            ·
            1 year ago

            Yeah I couldn’t really either. I’d have been in dire financial straits if I’d been forced to pay $750 for very long. I’m a single income father of three.

          • billwashere@lemmy.world
            link
            fedilink
            English
            arrow-up
            1
            ·
            1 year ago

            Yeah 20 years ago. Good luck trying to find a single wide trailer for that now.

            • Sabata11792@kbin.social
              link
              fedilink
              arrow-up
              2
              ·
              1 year ago

              Man, don’t shit on my shitty house like that.

              • billwashere@lemmy.world
                link
                fedilink
                English
                arrow-up
                2
                ·
                1 year ago

                I’m not. I had that mortgage 20 years ago. Wish I still had it. I was financially 10 times better off than I am now. But it also came with a shitty wife. That’s way worse than a shitty house believe me.

                • Sabata11792@kbin.social
                  link
                  fedilink
                  arrow-up
                  1
                  ·
                  1 year ago

                  My main goal was to find something cheap enough to live on my own. Its an OK house in a crappy area.

                  I lucked out but still had to spend a lot to fix it up or the bank wouldn’t bother with such a cheap loan.

                  • billwashere@lemmy.world
                    link
                    fedilink
                    English
                    arrow-up
                    1
                    ·
                    1 year ago

                    I’d rather an ok house in a crappy area than paying rent any day. And I’m 100% for a little sweat equity in your house. Plus making a house better is always a good thing.

politics @lemmy.world

politics@lemmy.world

Subscribe from Remote Instance

Create a post
You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: !politics@lemmy.world

Welcome to the discussion of US Politics!

Rules:

  1. Post only links to articles, Title must fairly describe link contents. If your title differs from the site’s, it should only be to add context or be more descriptive. Do not post entire articles in the body or in the comments.

Links must be to the original source, not an aggregator like Google Amp, MSN, or Yahoo.

Example:

  1. Articles must be relevant to politics. Links must be to quality and original content. Articles should be worth reading. Clickbait, stub articles, and rehosted or stolen content are not allowed. Check your source for Reliability and Bias here.
  2. Be civil, No violations of TOS. It’s OK to say the subject of an article is behaving like a (pejorative, pejorative). It’s NOT OK to say another USER is (pejorative). Strong language is fine, just not directed at other members. Engage in good-faith and with respect! This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban.
  3. No memes, trolling, or low-effort comments. Reposts, misinformation, off-topic, trolling, or offensive. Similarly, if you see posts along these lines, do not engage. Report them, block them, and live a happier life than they do. We see too many slapfights that boil down to “Mom! He’s bugging me!” and “I’m not touching you!” Going forward, slapfights will result in removed comments and temp bans to cool off.
  4. Vote based on comment quality, not agreement. This community aims to foster discussion; please reward people for putting effort into articulating their viewpoint, even if you disagree with it.
  5. No hate speech, slurs, celebrating death, advocating violence, or abusive language. This will result in a ban. Usernames containing racist, or inappropriate slurs will be banned without warning

We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.

All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.

That’s all the rules!

Civic Links

• Register To Vote

• Citizenship Resource Center

• Congressional Awards Program

• Federal Government Agencies

• Library of Congress Legislative Resources

• The White House

• U.S. House of Representatives

• U.S. Senate

Partnered Communities:

• News

• World News

• Business News

• Political Discussion

• Ask Politics

• Military News

• Global Politics

• Moderate Politics

• Progressive Politics

• UK Politics

• Canadian Politics

• Australian Politics

• New Zealand Politics

Visibility: Public
globe

This community can be federated to other instances and be posted/commented in by their users.

  • 3.6K users / day
  • 7.89K users / week
  • 13.8K users / month
  • 28.7K users / 6 months
  • 1 local subscriber
  • 23.5K subscribers
  • 21.7K Posts
  • 604K Comments
  • Modlog
  • mods:
  • outrageousmatter@lemmy.world
  • aidan@lemmy.world
  • jordanlund@lemmy.world
  • 🌱 🐄🌱 @lemmy.world
  • Theonetheycall1845@lemmy.world
  • JuBe@lemmy.world
  • Lasherz@lemmy.world
  • BE: 0.19.8
  • Modlog
  • Instances
  • Docs
  • Code
  • join-lemmy.org